Mr. Abou, a married father with a family, lives in a small village located near a major city. Mr. Abou is a baker by trade and has acquired over twenty years of experience in this domain. He is requesting a loan of 500,000 francs CFA to cope with the salary expenses associated with his bakery, which is found in the capital. Thanks to loans, he manages the day-to-day household expenses and also pays his children's schooling costs.
For the future, he would next like to bolster his grocery store located in the city.
Monsieur Abou, marié est père de famille et vit dans un petit village situé non loin de la ville principale. Abou est boulanger de profession et a acquis une expérience de plus de 20 ans dans ce domaine. Il sollicite un crédit de 500.000F CFA afin de pouvoir faire face aux charges salariales de sa boulangerie qui se trouve dans la capitale. Il gère la dépense quotidienne de son foyer et paie aussi les frais de scolarité de ses enfants grâce au crédit.
Comme projet futur, il aimerait à la suite de cela, renforcer sa boutique d’alimentation sise à la ville.
This loan is administered by UIMCEC, a Kiva Field Partner in Senegal since 2008. UIMCEC is a government-regulated microfinance institution whose mission is to improve the revenue and well-being of families through access to financial services, allowing principally women and young adult micro-entrepreneurs living in rural and semi-rural areas to develop their revenue-generating businesses and supporting them in becoming financially self-sufficient.